July 9, 2021
Company name:
Representative:Inquiries:Tel:

ES-CON JAPAN Ltd.
Takatoshi Ito, President &Representative Director(TSE 1st Section, code: 8892)
Minoru Nakanishi, Senior
Managing Director+81-3-6230-9308

Notice on Transfer of Real Estate for Sale to ESCON JAPAN REIT Investment Corporation
ES-CON JAPAN Ltd. (ES-CON JAPAN) announces that a decision was made at its board of directors’
meeting held today to conclude a sale and purchase agreement for the transfer of the following real estate
for sale it owns to ESCON JAPAN REIT Investment Corporation (ESCON REIT). Details are as follows.
1. Details of Assets to Be Transferred
The total transfer price will be 11,947 million yen as described below and the total gain from transfer is
expected to be 2,470 million yen. Moreover, the gain from transfer will not be disclosed individually for each
property.
Site area
Transfer price
LocationType(total floor area)(million yen)
1) Kumamoto-shi, Kumamoto
Commercial facility
28,546.00 m2 (13,130.23 m2)
4,600
Prefecture (Suroy Mall Nagamine)(Land, building)2) Hatsukaichi-shi, Hiroshima
Commercial facility
21,083.66 m2 (28,543.96 m2)
3,950
Prefecture (Fuji Grand Natalie)(Land, building)23) Sapporo-shi, Hokkaido
Commercial facility (Land)
8,154.00 m1,3004) Neyagawa-shi, Osaka Prefecture Commercial facility (Land)2,743.65 m27025) Amagasaki-shi, Hyogo Prefecture Commercial facility (Land)
1,491.47 m25656) Kobe-shi, Hyogo Prefecture
Commercial facility (Land)2,634.83 m25307) Hikone-shi, Shiga Prefecture
Commercial facility (Land)2,012.30 m2
300
Total
11,947
2. Overview of Buyer
Trade name
ESCON JAPAN REIT Investment CorporationAddress
The Okura Prestige Tower 20F, 2-10-4, Toranomon, Minato-ku, Tokyo
Representative
Satoshi Omori, Executive Officer
Masato Yamanaka, Supervisory Officer
Satoshi Ugajin, Supervisory Officer
Relationship with Capital relationship
ES-CON JAPAN owns 4.76% of ESCON REIT’s investment
ES-CON JAPAN
units issued and outstanding.
Personnel relationshipOne employee of ES-CON JAPAN serves as the executive
officer of ESCON REIT.
Business relationship
ES-CON JAPAN provides support such as the acquisition ofassets through the conclusion of a sponsor support
agreement with ESCON REIT.
Status of relationship
Not applicablewith related parties
3. Schedule of Transfer
Date of resolution at board of directors’ meeting
Date of conclusion of contract
Date of delivery of property

July 9, 2021
July 9, 2021
August 3, 2021

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4. Impact on Financial Results
The impact of the transfer of the real estate for sale on the financial results has been factored in thefull-year consolidated earnings forecast for fiscal year ending December 2021.
(Reference) Portfolio List of ESCON REIT

(unit: million yen)

Property name
Asumigaoka Brand-New Mall
Nishi-shiroi Ekimae Plaza
K’s Denki Oyumino
Nitori Tsuchiura
Nitori Imaichi
tonarie Minami-senri
tonarie Seiwadai
tonarie YamatoTakada(ownership ratio 50%)
tonarie Toga-Mikita(ownership ratio 50%)
Acquiredassets

LAMU Kitatsumori
K’s Denki Nishi-kobe
Sanyo Marunaka Mitani
Tsutaya Sakai-minami
LIFE Daisen
Pare Marche Nishiharu
MaxValu Kikyougaoka-higashi
Fukuoka Kasuga Project
K’s Denki Kurashiki

Location
Chiba-shi,
Chiba Prefecture
Shiroi-shi,
Chiba Prefecture
Chiba-shi,
Chiba Prefecture
Tsuchiura-shi,
Ibaraki Prefecture
Nikko-shi,
Tochigi Prefecture
Suita-shi,
Osaka Prefecture
Kawanishi-shi,Hyogo Prefecture
Yamato-Takada-shi,
Nara Prefecture
Sakai-shi,
Osaka Prefecture
Osaka-shi,
Osaka Prefecture
Kobe-shi,Hyogo Prefecture
Kobe-shi,Hyogo Prefecture
Sakai-shi,
Osaka Prefecture
Sakai-shi,
Osaka Prefecture
Kitanagoya-shi,
Aichi Prefecture
Nabari-shi,
Mie Prefecture
Kasuga-shi,
Fukuoka Prefecture
Kurashiki-shi,
Okayama PrefectureTypeLand, building

3,200

Land, building

451

Leaseholdland
Leaseholdland
Leaseholdland

TRIAL Omihachiman*
Assetsplanned tobe
acquired

Kusuri no Aoki Ikaruga*
Drug Yutaka Mukokamiueno*
WELCIAAmagasakiMukomotomachi
Cocokara Fine Neyagawakoen
ENEOS Ikawadani SS

2,710
999363

Land, building

7,200

Land, building

3,290

Land, building

4,150

Land, building

3,490

Leaseholdland
Leaseholdland
Leaseholdland
Leaseholdland
LeaseholdlandLand, building
Leaseholdland
Leaseholdland
Leaseholdland

Current total (A)tonarie Toga-Mikita(ownership ratio 50%)*

Acquisition price

1,270
2,133
1,430
946
2,733
4,610
477
10,4042,121
51,980Sakai-shi,
Osaka Prefecture
Omihachiman-shi,
Shiga Prefecture
Ikoma-gun,Nara Prefecture
Muko-shi,
Kyoto Prefecture
Amagasaki-shi,
Hyogo Prefecture
Neyagawa-shi,
Osaka Prefecture
Kobe-shi,Hyogo Prefecture

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Land, building
Leaseholdland
Leaseholdland
Leaseholdland
Leaseholdland
Leaseholdland
Leasehold
land

3,496
1,010
711
460
565
702
530

GEO Hikone Takamiya
SUROY Mall Nagamine
Fuji Grand Natalie
YAMADA DENKI Tecc Land
Sapporo Shiroishi

Hikone-shi,
Shiga Prefecture
Kumamoto-shi,
Kumamoto Prefecture
Hatsukaichi-shi,
Hiroshima Prefecture

Leasehold
land

300

Land, building

4,600

Land, building

3,950

Sapporo-shi, Hokkaido

Leasehold
land

1,300

Total portfolio planned to be acquired (B)Total (A+B)

17,62469,604* ESCON REIT plans to acquire tonarie Toga-Mikita (ownership ratio 50%), TRIAL Omihachiman, Kusuri noAoki Ikaruga and Drug Yutaka Mukokamiueno from Chuden Real Estate Co., Inc.
Leasehold landLand, building
Total

31,16638,437
69,60444.8%
55.2%
100.0%*ESCON JAPAN REIT Investment Corporation has also separately published today press releases concerning
said acquisition and the issuance of new investment units and secondary offering of investment units.
For more details, please visit https://www.escon-reit.jp/en/

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